Elme Communities (ELME)
NYQ · Real Estate · REIT - Residential
$2.03
-0.49%
Closing price as of 2026-06-12 · Source: TEK2day Finance
Key Metrics
Market Cap
$180.4M
Shares Outstanding
88.9M
P/S (TTM)
0.7x
Exchange
NYQ
Currency
USD
About Elme Communities
Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The Company is a multifamily real estate investment trust that owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space. Elme Communities was incorporated in 1960 in Maryland.
Quarterly Financials
| Metric | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 |
|---|---|---|---|---|
| Revenue | 61.3M | 61.5M | 62.1M | 62.1M |
| Gross Profit | 36.3M | 37.3M | 37.2M | 35.7M |
| Operating Income | 6.4M | 4.8M | 5.9M | -2.1M |
| Net Income | -3.0M | -4.7M | -3.6M | -123.5M |
| Diluted EPS | $-0.03 | $-0.05 | $-0.04 | $-1.40 |
Annual Financials
| Metric | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 169.2M | 209.4M | 227.9M | 241.9M |
| Gross Profit | 102.2M | 127.9M | 140.0M | 144.4M |
| Operating Income | 2.0M | 8.0M | 25.1M | 23.5M |
| Net Income | 16.4M | -30.9M | -53.0M | -13.1M |
| Diluted EPS | $0.19 | $-0.36 | $-0.61 | $-0.15 |